Unconfirmed: This Layer 2 Solution Processed More NFT Trades in 24 Hours Than Ethereum Did in 1 Week - Ep.231
Robbie Ferguson, co-founder and president of Immutable, talks about how Immutable is transforming the NFT industry through its layer 2 solution, Immutable X, which just launched April 8. In this episode, he discusses:
- what sort of problems Immutable is solving by creating a layer 2 solution (1:21)
- why scalability is especially an issue for NFTs in gaming (1:59)
- how Immutable X, built with partner Starkware, addresses the problems with scaling NFTs (3:28)
- how Immutable is scaling Ethereum and the definition of a layer 2 solution (5:46)
- the Immutable business model and how the company makes money (6:40)
- how validity proofs like ZK-rollups differ from fraud proofs like Optimistic rollups (7:52)
- how Gods Unchained has performed since the April 8th launch of Immutable X (8:27)
- why building on Ethereum is so important to Immutable (10:54)
- why Immutable is obsessed with bringing liquidity to NFTs (14:54)
- what sort of partners Immutable is looking to attract and how Immutable X is different from a traditional marketplace (18:00)
- why Immutable decided to purchase carbon credits to offset the gas the protocol consumes on Ethereum (21:33)
- what we might see from Gods Unchained, Immutable X, and NFT gaming in general by the end of this year (23:32 )
- weekly news recap (26:22)
Thank you to our sponsors!
Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021
NEAR: https://near.org
Episode Links
Robbie Ferguson
https://www.linkedin.com/in/robbieferguson/?originalSubdomain=au
Immutable
- Twitter:
- Website for Immutable X
- Layer 2
- Gods Unchained
Miscellaneous Links
- Hearthstone link
- Carbon Credits
- StarkWare relationship
-
- https://medium.com/starkware/starkware-immutable-8896aabab4e5
- StarkWare’s recent Unchained appearance
Link to the Crypto News Recap:
https://unchainedpodcast.com/2600-eth/
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